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Economic Pulse

Economic Pulse

October 2021

The Bank of Ireland Economic Pulse posted a reading of 87.6 in October 2021. The index, which combines the results of the Consumer and Business Pulses, was down 0.6 on last month but up 31.1 on a year ago.

Budget Day, rising costs and prices, along with emerging doubts over plans to fully lift the remaining public health restrictions made for an uneasy setting this month. And while the headline index was not much changed in October, consumer confidence slipped a bit. Business sentiment held steady, though the picture across the sectors was more nuanced.

Economic Pulse

October 2021

KEY POINTS

  • Economic Pulse marginally softer in October
  • Drop in consumer confidence
  • Business sentiment holds up

Economic Pulse

October 2021

Economic Pulse

October 2021

87.6

-0.6 on previous index reading

Economic Pulse

October 2021

“The business mood remained sanguine this month but the consumer mood dipped.”

Dr Loretta O’Sullivan
Group Chief Economist
Bank of Ireland

Economic Pulse

October 2021

Pulse Trends

 

 

Economic Pulse

October 2021

Making the economic Pulse